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DRDBU

Roman DBDR Acquisition Corp. II

DRDBU

Roman DBDR Acquisition Corp. II NASDAQ
$10.94 0.00% (+0.00)

Market Cap $218.80 M
52w High $10.95
52w Low $9.93
Dividend Yield 0%
P/E 0
Volume 2.10K
Outstanding Shares 20.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $0 $1.603M 0% $0.07 $0
Q2-2025 $0 $394.725K $2.028M 0% $0.066 $2.028M
Q1-2025 $0 $341.38K $2.214M 0% $0.074 $-341K
Q4-2024 $0 $116.194K $314.202K 0% $0.011 $314.202K
Q3-2024 $0 $90.741K $-90.741K 0% $-0.003 $-90.741K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $323.684K $239.328M $239.103M $225.134K
Q2-2025 $618.822K $237.013M $98.519K $236.915M
Q1-2025 $948.498K $234.962M $75.033K $234.887M
Q4-2024 $1.272M $202.814M $301.815K $202.513M
Q3-2024 $0 $196.421K $287.162K $-90.741K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2025 $2.214M $-323.43K $-30.15M $30.15M $-323.43K $-323.43K
Q4-2024 $314.202K $-411.797K $-201M $202.684M $1.272M $-411.8K
Q3-2024 $-90.741K $0 $0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement DRDBU’s income statement is essentially a blank slate. As a SPAC, it has no real revenue or operating business yet, so reported results mostly reflect minor interest income on the cash it raised and routine formation and listing costs. Any small profit per share today is largely an accounting result rather than evidence of an operating franchise. The real economic story will only begin once a merger target is announced and combined financials are available.


Balance Sheet

Balance Sheet The balance sheet is simple and typical for a newly formed SPAC. It is mostly made up of the cash raised in the IPO and related assets held in trust for shareholders, with equity broadly matching those funds and little to no traditional operating debt. There are effectively no tangible operating assets yet—no plants, equipment, or working capital tied to a real business—because the company is still looking for a target. Financial risk at this stage comes less from leverage and more from execution risk around the eventual deal.


Cash Flow

Cash Flow Current cash flows are minimal and mostly administrative. Operating cash flow reflects listing, legal, and professional expenses, while the bulk of the IPO proceeds sits segregated in a trust and is not freely usable for day‑to‑day operations. There is essentially no spending on growth or investment because there is no operating business yet. Cash dynamics will shift sharply once a merger is announced, as funds are deployed to complete the transaction and some shareholders may choose to redeem their shares.


Competitive Edge

Competitive Edge Today, DRDBU’s competitive position is about its sponsors and strategy, not about products or market share. It competes with many other SPACs and private equity funds that are also pursuing high‑growth technology companies. Its edge, if any, comes from the management team’s relationships and experience in areas like cybersecurity, artificial intelligence, and financial technology, and their ability to source and negotiate an attractive deal. The main challenge is finding a high‑quality target in crowded, competitive sectors before its SPAC timeline runs out.


Innovation and R&D

Innovation and R&D DRDBU does not conduct its own research and development; it is a financing vehicle rather than an operating tech company. The “innovation” angle lies in the type of business it aims to merge with—likely a company with strong technology, intellectual property, or differentiated software in cybersecurity, AI, or FinTech. Any future moat, product roadmap, or R&D intensity will therefore depend entirely on the eventual target, which makes current analysis of innovation more about the sponsors’ stated focus than about existing capabilities.


Summary

DRDBU is a very early‑stage, blank‑check company: clean financials, no operating revenue, and a balance sheet dominated by IPO cash. The opportunity is essentially a bet on the management team’s ability to find and structure a compelling tech‑focused merger in areas like AI, cybersecurity, or FinTech. The main risks are deal quality, timing, and investor redemptions if the proposed combination is not well received. Until a specific target is announced and detailed financials are available, assessment remains largely about structure, governance, and sponsor track record rather than business fundamentals.